Singapore Airlines Limited (OTCMKTS:SINGF) Short Interest Update

Singapore Airlines Limited (OTCMKTS:SINGF) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 19,123,200 shares, an increase of 25.2% from the November 15th total of 15,271,300 shares. Based on an average daily volume of 9,300 shares, the days-to-cover ratio is currently 2,056.3 days.

Singapore Airlines Stock Down 2.3 %

OTCMKTS:SINGF traded down $0.11 during trading hours on Friday, hitting $4.59. The stock had a trading volume of 3,002 shares, compared to its average volume of 5,466. The business’s 50 day moving average is $4.72 and its 200-day moving average is $4.87. Singapore Airlines has a one year low of $4.01 and a one year high of $5.40.

Singapore Airlines Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, December 11th. Investors of record on Tuesday, November 26th were given a $0.10 dividend. This represents a dividend yield of 7.57%. The ex-dividend date was Monday, November 25th. Singapore Airlines’s dividend payout ratio is currently 122.81%.

About Singapore Airlines

Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, the Americas, Europe, Southwest Pacific, West Asia, and Africa. It operates through The Full-Service Carrier, The Low-Cost Carrier, and Engineering Services segments.